
Currency News UK
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An independent financial news publication, specializing in daily reports from the world currency markets. Here, you'll find UK daily forex news, exchange rate forecasts, currency predictions, and forex data at your fingertips.
Currency News UK
10h ago
Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data The Pound US Dollar (GBP/USD) exchange rate lacked direction on Wednesday, as a lack of data left GBP muted against most peers. At the time of writing, GBP/USD traded at around US$1.2341, showing little movement from Wednesday’s opening ..read more
Currency News UK
3d ago
Pound US Dollar (GBP/USD) Exchange Rate Rises as UK Retail Data Surprises to the ..read more
Currency News UK
3d ago
Pound (GBP) Limited by Ongoing Economic Outlook Fears The Pound (GBP) found moderate success against its weaker peers on Monday amid a lack of economic data. Comments from the head of the International Monetary Fund (IMF) have rocked market sentiment amid the global banking crisis. After the collapses of several ..read more
Currency News UK
6d ago
Pound (GBP) Undermined by Lingering Recession Fears Meanwhile, the Pound (GBP) struggled to find a clear direction on Friday against some of its peers. Despite retail sales printing far above market forecasts with a 1.2% increase, the Pound still succumbed to looming recession fears. Against expectations of a modest ..read more
Currency News UK
1w ago
Pound (GBP) Undermined by Dovish Rate Hike Fears The Pound (GBP) traded without a clear direction on Thursday as the market await the latest interest rate decision from the Bank of England (BoE). Amid the banking sector turmoil and a shaky UK economy, the central bank will have to tread carefully with the ..read more
Currency News UK
1w ago
Pound US Dollar Exchange Rate Slumps on Disappointing UK PMIs The Pound US Dollar (GBP/USD) exchange rate accelerated on Wednesday, following the publication of the UK’s latest inflation figures. This saw the GBP/USD exchange rate trade at around $1.2284 at the time of writing. Up roughly 0.5% from the day’s ..read more
Currency News UK
1w ago
The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation ..read more
Currency News UK
1w ago
Pound (GBP) Supported by Strength of UK Banking System The Pound (GBP) managed to shrug off mounting financial sector fears and climbed against most of its peers on Monday. Despite the buyout of Credit Suisse by UBS failing to cheer the markets, Sterling found strength as the Bank of England (BoE) reassured ..read more
Currency News UK
1w ago
Euro (EUR) Undermined by Lingering Banking Crisis Fears The Euro (EUR) enjoyed modest success on Friday despite a lack of economic data and the financial sector crisis concerns. Global market sentiment improved considerably late Thursday when the Federal Reserve announced a $30bn bailout for First Republic Bank ..read more